Lunar Solis Corp
Nonprofit profile at a glance
- EIN
- 454617361
- IRS 990 coverage
- 2019–2019
- Forms available
- Form 990 2019
- Location
- Lutherville, MD, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $20,936
- Expenses
- $22,705
- Assets
- $682,830
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Joshua Dean (President)
- Eli Morris-Heft (Vice President)
People named in this filing
- Joshua Dean (President)
- Eli Morris-Heft (Vice President)
- Troy Smith (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Has run a convention known as BronyCon where people come to socialize, buy works of art, meet Guests of Honor, and participate in charity auction with others.
What it reported doing in 2019
Wind down operations of BronyCon after it's final year, including taking stock of remaining assets and liabilities, as well as start preparations for moving forward with restructuring and moving towards a grant-making foundation.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 100
- Accountability: 76
- Sustainability: 64
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.7%; rating input score 56
- Program expense ratio: 44%; rating input score 44
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 30.07; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 55.7% of revenue deployed · 44% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 39 of 40 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.